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50, avenue Pierre Mendès 75201 Paris Cedex 13, France Tel. +33-1-5840-4142 Fax +33-1-5840-4800 |
Type: Private - Mutual Company
On the web:
http://www.groupe.caisse-epargne.com
Employees:
52,000
Employee growth: 1.5%
Created out of 1999 French banking reform, La Caisse Nationale des Caisses d'Epargne et de Prévoyance (CNCE) is a for-profit entity that serves as the central coordinating body of about 20 cooperatively owned (formerly state-owned) savings banks with more than 4,700 offices in France and French territories. In addition to retail and commercial banking, CNCE offers insurance and real estate services. It is the parent of several specialized subsidiaries, including mortgage lender Crédit Foncier de France, wealth manager La Compagnie 1818, and corporate development bank Banque Palatine. Natixis (of which CNCE owns 34%) offers corporate and investment banking, asset management, and private equity services.
Key numbers for fiscal year ending December, 2008:
Sales: $61,090.6M
One year growth: 8.0%
Net income: ($2,840.1)M
Officers:
Chairman, Supervisory Board: Yves Hubert
Chairman Management Board: François Pérol
CEO and Director; Chairman, Caisse d'Epargne Provence-Alpes-Corse: Alain Lemaire
Competitors:
BNP Paribas
Crédit Agricole
Société Générale
